Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
In calculating the Net Current Asset Value (NCAV), Benjamin Graham means a company's current assets (such as cash, marketable securities, and inventories) minus its total liabilities (including preferred stock, minority interest, and long-term debt).
Vinci Gestora de Recursosa.'s net current asset value per share for the quarter that ended in Dec. 2024 was R$-14.41.
The historical rank and industry rank for Vinci Gestora de Recursosa.'s Net Current Asset Value or its related term are showing as below:
During the past 7 years, the highest Price-to-Net-Current-Asset-Value Ratio of Vinci Gestora de Recursosa. was 8.58. The lowest was 8.58. And the median was 8.58.
BSP:VILG11's Price-to-Net-Current-Asset-Value is not ranked *
in the Asset Management industry.
Industry Median: 3.44 * Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.
Vinci Gestora de Recursosa. (BSP:VILG11) Net Current Asset Value Explanation
Benjamin Graham first discussed net current asset value (NCAV) in the 1934 edition of "Security Analysis", which he coauthored with David Dodd. In the book, (net) current asset value is defined as:" current assets alone, minus all liabilities and claims ahead of the issue."
The common definition of NCAV is: NCAV = current assets – [total liabilities + minority interest + preferred stock]
Net current assets exclude not only the intangible assets but also the fixed and miscellaneous assets. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.
One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Grahams strategy produced similar results.
Benjamin Graham looked for companies whose market values were less than two-thirds of their Net-Net Working Capital. They are collected under our Net-Net screener.
Vinci Gestora de Recursosa. Net Current Asset Value Related Terms
Vinci Gestora de Recursosa. Net Current Asset Value Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Vinci Gestora de Recursosa. Net Current Asset Value Chart
BSP:VILG11 vs BLK, BX, KKR: Net Current Asset Value Comparison
For the Asset Management subindustry, Vinci Gestora de Recursosa.'s Price-to-Net-Current-Asset-Value, along with its competitors' market caps and Price-to-Net-Current-Asset-Value data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Vinci Gestora de Recursosa. Price-to-Net-Current-Asset-Value vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Vinci Gestora de Recursosa.'s Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Vinci Gestora de Recursosa.'s Price-to-Net-Current-Asset-Value falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
What does a Net Current Asset Value of R$-14.41 mean?
Vinci Gestora de Recursosa. (BSP:VILG11) has a Net Current Asset Value of R$-14.41 as of Dec. 2024. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Vinci Gestora de Recursosa. and its competitors. Over the past decade, Vinci Gestora de Recursosa.'s Net Current Asset Value has ranged from 8.58 to 8.58. According to the industry distribution chart, Vinci Gestora de Recursosa. ranks #999999 out of 375 companies in the Asset Management industry.
Is Vinci Gestora de Recursosa.'s Net Current Asset Value too high?
Vinci Gestora de Recursosa.'s current Net Current Asset Value is R$-14.41. Over the past 10 years, this metric has ranged from a low of 8.58 to a high of 8.58. Based on the distribution chart, Vinci Gestora de Recursosa. ranks #999999 out of 375 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Vinci Gestora de Recursosa. has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vinci Gestora de Recursosa.'s Net Current Asset Value compare to BLK and BX?
According to the Asset Management industry distribution chart, Vinci Gestora de Recursosa. ranks #999999 out of 375 companies for Net Current Asset Value. This places Vinci Gestora de Recursosa. in the lower half of its industry. The industry median Net Current Asset Value is 3.44. Historically, Vinci Gestora de Recursosa.'s own Net Current Asset Value has ranged from 8.58 to 8.58 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Current Asset Value for an Asset Management company?
The median Net Current Asset Value among Asset Management companies is 3.44, based on 375 companies in the industry. Companies in the top quartile (top 25%) have a Net Current Asset Value significantly above this median, while those in the bottom quartile fall well below. However, Net Current Asset Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Current Asset Value mean?
A high Net Current Asset Value can signal that a stock is expensive relative to its fundamentals. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Vinci Gestora de Recursosa. and its competitors. For the Asset Management industry, the median Net Current Asset Value is 3.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vinci Gestora de Recursosa.'s current Net Current Asset Value is R$-14.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vinci Gestora de Recursosa. stock overvalued right now?
Based on GuruFocus' analysis, Vinci Gestora de Recursosa. (BSP:VILG11) is currently considered Modestly Undervalued. The stock's GF Value™ is R$103.95, compared to a current price of R$94.05 — trading 9.5% below its estimated fair value. The current Net Current Asset Value is R$-14.41. Vinci Gestora de Recursosa.'s overall GF Score™ is 80/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Current Asset Value calculated?
Net Current Asset Value is calculated from a company's financial statements. For Vinci Gestora de Recursosa. (BSP:VILG11), the current Net Current Asset Value is R$-14.41 as of Dec. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Vinci Gestora de Recursosa. (BSP:VILG11) Overvalued in 2026?
Based on GuruFocus' analysis, Vinci Gestora de Recursosa. stock appears to be undervalued.
The current stock price of R$94.05 is trading 9.5% below its estimated GF Value™ of R$103.95.
GuruFocus considers Vinci Gestora de Recursosa. to be Modestly Undervalued.
Key valuation signals for BSP:VILG11:
Net Current Asset Value: R$-14.41
GF Value™: R$103.95 vs. price of R$94.05 (9.5% below fair value)
No single metric tells the full story. See the BSP:VILG11 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Vinci Gestora de Recursos Ltda. is a real estate investment fund. The fund was established as a closed-end fund with an indefinite term and aims to generate income by investing at least 2/3 (two-thirds) of its net worth in completed or under-construction real estate, as well as in any real rights over the properties, or through indirect investment in real estate by acquiring real estate assets, and by capital gains obtained from the purchase and sale of real estate or real estate assets.
80GF Score
Get the complete analysis for BSP:VILG11
Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BSP:VILG11 has been successfully added to your 
